It will take China years to catch up with ASML Holding NV’s chipmaking technology, according to a senior executive at the Dutch firm.
We recently compiled a list of the Morgan Stanley’s 15 Best European AI Stocks. In this article, we are going to take a look at where ASML Holding N.V. (NASDAQ:ASML) stands against Morgan Stanley’s other European AI stocks.
Dutch chip equipment maker ASML Holding NV beat the fourth quarter earnings estimates and posted record net sales on an annual and sequential basis, on Wednesday. The company also reduced its Chinese market share in Q4.
Top computer chip equipment maker ASML ASML.AS reported fourth-quarter bookings on Wednesday that far exceeded expectations, as a boom in AI drove demand for its most advanced equipment.
Dutch Prime Minister Dick Schoof held "critical conversations" with visiting Chinese Vice Premier Ding Xuexiang, he said on Friday, including discussions on human rights and on semiconductor equipment supplier ASML .
After sending shockwaves through the semiconductor industry following a third-quarter earnings miss, scrutiny is building ahead of ASML Holding NV’s results next week with uncertainty over the spending plans of its top clients.
The head of Dutch giant ASML, which makes chip-making machines that power the tech industry, Wednesday welcomed the emergence of China's low-cost AI firm DeepSeek and predicted others would disrupt the sector.
The AI hype is now also reaching ASML. The Dutch company closes 2024 with an annual turnover of a good 28 billion euros.
ASML stock rose nearly 6% premarket after the Dutch semiconductor equipment company posted better than expected fourth quarter earnings and its CEO dismissed concerns over DeepSeek AI.
ASML's financial performance and growth projections make it a top pick despite potential challenges from DeepSeek. Click here to read why ASML is a Strong Buy.
Investors will seek reassurance that ASML's AI-dependent growth outlook for 2025 is secure despite a selloff sparked by China's DeepSeek, as the biggest supplier of equipment used to make computer chips ASML reports earnings on Wednesday.